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market could surge eight-fold to $80 billion in sales by 2030, according to Cowen & Co. In an effort to position weed as a mainstream product, they post pictures of buds and joints and show people hiking with vape pens or relaxing on the beach with cannabis edibles.
As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share. Conversely, “wellness” counterparts such as capsules, tinctures, and topicals are experiencing a decline in market share.
DUBLIN–(BUSINESS WIRE)–The “Global Cannabis Market- Market Size & Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. million by 2030 at a CAGR of 23.9%, 2021-2030. Different procedures for inhaling cannabis comprise pipe or bong, joint smoking, vaping, and nasal spray.
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